Countdown to NextEra (NEE) Q1 Earnings: Wall Street Forecasts for Key Metrics

Core Viewpoint - Wall Street analysts anticipate NextEra Energy (NEE) to report quarterly earnings of $0.95 per share, reflecting a year-over-year increase of 4.4%, with revenues expected to reach $7.04 billion, up 22.9% from the previous year [1] Earnings Estimates - The consensus EPS estimate has been revised downward by 11.3% in the last 30 days, indicating a reassessment by analysts [1][2] - Changes in earnings estimates are crucial for predicting investor reactions and have shown a strong correlation with short-term stock performance [2] Key Metrics Forecast - Analysts project 'Operating Revenues- NextEra Energy Resources (NEER)' to be $3.02 billion, representing a 62% increase from the prior year [4] - 'Operating Revenues- Florida Power & Light (FPL)' is expected to reach $4.30 billion, indicating a year-over-year change of 12.2% [4] Operating Income Projections - 'Operating Income (Loss)- Florida Power & Light (FPL)' is forecasted at $1.80 billion, compared to $1.68 billion in the same quarter last year [5] - 'Operating Income (Loss)- NextEra Energy Resources (NEER)' is estimated to be $1.32 billion, a significant increase from $371 million in the previous year [5] Stock Performance - NextEra shares have shown a return of -6.9% over the past month, slightly underperforming compared to the Zacks S&P 500 composite's -6.3% change [5]